Pfizer Unveils Promising Early Data On COVID-19, Sends Moderna Shares Down

Preliminary Results From 45 Subjects

Pfizer and BioNTech appear to have the upper hand on mRNA rivals Moderna, but Phase III results will be the real test.

New York, July 19, 2016: Corporate lettering on the exterior of the Pfizer headquarters in Manhattan.

Pfizer Inc. has published topline data from the Phase I/II trial of its mRNA-based coronavirus vaccine, showing it produced a strong immune response and no safety concerns in healthy volunteers.

The company is working with German company BioNTech SE on four potential candidates, and presented data from just one...

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